Well, you can't file married filing jointly anymore...but things like deductability of children, family, etc. can continue for either.
tax assessor
Gas tax is an excise tax not a sales tax. It is therefore not deductible for federal income tax purposes.
Divorce him
no
Only if you file together and both of you sign the tax return.
Whether you count as a dependent for tax purposes depends on your age, relationship to the taxpayer, and financial support. If you meet the criteria set by the IRS, you may be considered a dependent on someone else's tax return.
If it states in the divorce that you can claim 1 of then children each year then you can get the Child Tax Credit and whatever else extra for that child. There may be certain forms you need to fill out or have the other parent fill out to make it happen.
No, a fiance does not count as a spouse for tax purposes. Only legally married individuals are considered spouses for tax purposes.
No, it is illegal to backdate a check for tax purposes. It is important to accurately report income and expenses for tax purposes to avoid penalties and legal consequences.
One strategy to avoid capital gains tax during a divorce is to transfer assets between spouses as part of the divorce settlement, as transfers between spouses are typically not subject to capital gains tax. Another strategy is to sell assets before the divorce is finalized to realize any gains while still married, as this can potentially reduce the tax liability. Consulting with a tax professional or financial advisor can help in developing a tax-efficient divorce strategy.
You can get your 1095-A form for tax purposes from the health insurance marketplace where you purchased your insurance.
Yes, tax assessors are generally permitted to enter your property for assessment purposes as part of their job to determine the value of the property for tax purposes.
Public purposes
One strategy to avoid capital gains tax in a divorce settlement is to transfer assets between spouses as part of the settlement agreement. This transfer is considered a tax-free event during a divorce. Another strategy is to sell assets before the divorce is finalized to realize any capital gains while still married, as the tax implications may be different. Consulting with a tax professional or financial advisor can help navigate the complexities of capital gains tax in a divorce settlement.
Yes, free rent is generally considered income for tax purposes and must be reported as such on your tax return.
No, capital gains do not count as earned income for tax purposes.
TurboTax keeps records for tax purposes for up to seven years.